Four crucial factors can help turn these economies from landlocked into land-linked.
Despite notable progress, economic corridors remain a work in progress due to key constraints to their future development in the Greater Mekong Subregion.
Asia is going through sweeping transformations that have altered its economic landscape in fundamental ways.
The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.
CAREC countries are making progress toward enabling e-commerce as automation improves, infrastructure spreads to rural areas, and regional cooperation promotes cross-border exchanges.
CAREC can be a vehicle for future prosperity in a region full of promise. The new strategy is a key step in that journey.
Sean O’Sullivan, ADB Director General for Central and West Asia, gives an update on a $1.2 billion project to improve the electricity supply with two giant gas turbines in Uzbekistan.
With its stunning, modern architecture, crisp blue skies, and myriad influences, Kazakhstan’s capital, Astana, provides a dramatic backdrop for ADB’s 47th Meeting of the Board of Governors that starts 2 May and concludes three days later.
Despite much progress so far, it seems likely that the December 2015 deadline for realizing all four pillars of the AEC will be missed. Rather than playing a blame game as to why the deadline will be missed, here's what should be done during Malaysia’s chairmanship of ASEAN in 2015.
The Fourth Industrial Revolution can empower MSMEs, which account for 90% of all enterprises and provide most employment in ASEAN member states.